Tech Planet news on January 11, according to IT House, many netizens feedback, iQiyi App began to restrict the screen projection function, before gold VIP members support the highest 4K definition screen projection, now can only choose the lowest 480P definition, in order to 4K screen projection must buy platinum VIP members. Many netizens said that the 480P definition is too low to watch.
According to iQiyi's official website, gold VIP members continue to pay 118 yuan / year, computers, mobile phones, tablets are available, platinum VIP members continue to pay 198 yuan / year, with gold VIP members at the same time TV can also be used, now after reducing the resolution of the projection screen, users can only be forced to choose platinum VIP members.
It is worth mentioning that iQiyi previously released its financial report for the third quarter of 2022, showing that iQiyi's total revenue in the third quarter was 7.5 billion yuan. As of September 30, 2022, the number of members reached 106 million, an increase of more than 10 million from June 30, and the average number of daily subscription members in the quarter was 101 million, a net increase of 2.7 million sequentially. Operating profit based on non-GAAP financial measures for the quarter was $524 million, up 53% from $344 million in the second quarter, marking the third consecutive quarter of operating profit.